KWIT
Open bankruptcyFinancials · financial year 2024, abbreviated format
2024 annual accounts filed 61 days after the deadline Filed on 2 April 2025, deadline 31 January 2025 (7 months after the close on 30 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00067459.
Annual accounts 2024 filed on 02-04-2025 PDF all 2 filings
2023 to 2024, 2 financial years
The operating result for 2024 is 91% lower than in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 30-06-2023 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | - | €24,288 |
| Financial fixed assets | - | €10,000 |
| Depreciation and write-downs of the year | €3,167 | €1,951 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,167 | €1,951 | ▼ 38.4% |
| Other operating charges640/8 | €360 | €3,953 | ▲ 998% |
| Gross operating margin9900 | €220,417 | €25,288 | ▼ 88.5% |
| Operating profit (loss)9901 | €216,890 | €19,384 | ▼ 91.1% |
| Financial income75/76B | €528 | €2,903 | ▲ 450% |
| Recurring financial income75 | €528 | €2,903 | ▲ 450% |
| Financial charges65/66B | €31 | €9,879 | ▲ 316× |
| Recurring financial charges65 | €31 | €9,879 | ▲ 316× |
| Profit (loss) for the period before taxes9903 | €217,387 | €12,408 | ▼ 94.3% |
| Income taxes67/77 | €52,294 | €3,872 | ▼ 92.6% |
| Profit (loss) for the period9904 | €165,093 | €8,536 | ▼ 94.8% |
| Profit (loss) for the period to be appropriated9905 | €165,093 | €8,536 | ▼ 94.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €314,543 | €544,847 | ▲ 73.2% |
| Fixed assets21/28 | - | €32,337 | - |
| Tangible fixed assets22/27 | - | €22,337 | - |
| Furniture and vehicles24 | - | €22,337 | - |
| Financial fixed assets28 | - | €10,000 | - |
| Current assets29/58 | €314,543 | €512,509 | ▲ 62.9% |
| Amounts receivable within one year40/41 | €314,507 | €512,482 | ▲ 62.9% |
| Trade receivables40 | €271,903 | €441,074 | ▲ 62.2% |
| Other amounts receivable41 | €42,604 | €71,409 | ▲ 67.6% |
| Cash at bank and in hand54/58 | €35 | €27 | ▼ 24.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €314,543 | €544,847 | ▲ 73.2% |
| Equity10/15 | €167,593 | €176,129 | ▲ 5.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €165,093 | €173,629 | ▲ 5.2% |
| Distributable reserves133 | €165,093 | €173,629 | ▲ 5.2% |
| Amounts payable17/49 | €146,950 | €368,718 | ▲ 151% |
| Amounts payable within one year42/48 | €146,950 | €368,718 | ▲ 151% |
| Trade debts44 | €16,167 | €61,520 | ▲ 281% |
| Suppliers440/4 | €16,167 | €61,520 | ▲ 281% |
| Advances received on contracts in progress46 | - | €80,125 | - |
| Taxes, remuneration and social security45 | €49,877 | €54,776 | ▲ 9.8% |
| Taxes450/3 | €49,877 | €54,776 | ▲ 9.8% |
| Other amounts payable47/48 | €80,906 | €172,297 | ▲ 113% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €165,093 | €8,536 | ▼ 94.8% |
| + Depreciation and write-downs630 | €3,167 | €1,951 | ▼ 38.4% |
| Operating cash flow (approximation) | €168,260 | €10,487 | ▼ 93.8% |
| Change in cash | - | -€9 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.